Nextracker Shares Rise After Reporting Higher Fiscal Q2 Results; Fiscal 2025 Earnings Guidance Raised

MT Newswires Live

Nov 01, 2024

Nextracker (NXT) shares were up over 24% in recent Thursday trading after the company posted late Wednesday higher fiscal Q2 results and raised its fiscal 2025 earnings guidance.

The company reported fiscal Q2 adjusted earnings of $0.97 per diluted share, up from $0.65 a year earlier.

Analysts polled by Capital IQ expected $0.61 a share.

Revenue for the quarter ended Sept. 27 was $635.6 million, up from $573.4 million a year earlier.

Analysts surveyed by Capital IQ expected $613.5 million.

The company said it now expects fiscal 2025 adjusted EPS to range between $3.10 and $3.30, compared with a prior view of $2.89 to $3.09.

Analysts polled by Capital IQ expect $3.17 a share.

The company said it continues to expect fiscal 2025 revenue in the range of $2.8 billion to $2.9 billion.

Analysts polled by Capital IQ expect $2.86 billion.

Price: 39.86, Change: +7.89, Percent Change: +24.68

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2480056955"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2480056955\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2480056955?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-01 00:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2480056955","market":"hk","top_or_hot":-1,"title":"Nextracker Shares Rise After Reporting Higher Fiscal Q2 Results; Fiscal 2025 Earnings Guidance Raised","media":"MT Newswires Live","content":"<html><body><p> Nextracker (NXT) shares were up over 24% in recent Thursday trading after the company posted late Wednesday higher fiscal Q2 results and raised its fiscal 2025 earnings guidance.</p><p>The company reported fiscal Q2 adjusted earnings of $0.97 per diluted share, up from $0.65 a year earlier.</p><p>Analysts polled by Capital IQ expected $0.61 a share.</p><p>Revenue for the quarter ended Sept. 27 was $635.6 million, up from $573.4 million a year earlier.</p><p>Analysts surveyed by Capital IQ expected $613.5 million.</p><p>The company said it now expects fiscal 2025 adjusted EPS to range between $3.10 and $3.30, compared with a prior view of $2.89 to $3.09.</p><p>Analysts polled by Capital IQ expect $3.17 a share.</p><p>The company said it continues to expect fiscal 2025 revenue in the range of $2.8 billion to $2.9 billion.</p><p>Analysts polled by Capital IQ expect $2.86 billion.</p><p>Price: 39.86, Change: +7.89, Percent Change: +24.68</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nextracker Shares Rise After Reporting Higher Fiscal Q2 Results; Fiscal 2025 Earnings Guidance Raised</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNextracker Shares Rise After Reporting Higher Fiscal Q2 Results; Fiscal 2025 Earnings Guidance Raised\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-11-01 00:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Nextracker (NXT) shares were up over 24% in recent Thursday trading after the company posted late Wednesday higher fiscal Q2 results and raised its fiscal 2025 earnings guidance.</p><p>The company reported fiscal Q2 adjusted earnings of $0.97 per diluted share, up from $0.65 a year earlier.</p><p>Analysts polled by Capital IQ expected $0.61 a share.</p><p>Revenue for the quarter ended Sept. 27 was $635.6 million, up from $573.4 million a year earlier.</p><p>Analysts surveyed by Capital IQ expected $613.5 million.</p><p>The company said it now expects fiscal 2025 adjusted EPS to range between $3.10 and $3.30, compared with a prior view of $2.89 to $3.09.</p><p>Analysts polled by Capital IQ expect $3.17 a share.</p><p>The company said it continues to expect fiscal 2025 revenue in the range of $2.8 billion to $2.9 billion.</p><p>Analysts polled by Capital IQ expect $2.86 billion.</p><p>Price: 39.86, Change: +7.89, Percent Change: +24.68</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NXT","symbol_name":"Nextpower","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2480056955","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480056955","pubTimestamp":1730392786,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Nextracker  shares were up over 24% in recent Thursday trading after the company posted late Wednesday higher fiscal Q2 results and raised its fiscal 2025 earnings guidance.The company reported fiscal Q2 adjusted earnings of $0.97 per diluted share, up from $0.65 a year earlier.Analysts polled by Capital IQ expected $0.61 a share.Revenue for the quarter ended Sept. 27 was $635.6 million, up from $573.4 million a year earlier.Analysts surveyed by Capital IQ expected $613.5 million.The company said it now expects fiscal 2025 adjusted EPS to range between $3.10 and $3.30, compared with a prior view of $2.89 to $3.09.Analysts polled by Capital IQ expect $3.17 a share.The company said it continues to expect fiscal 2025 revenue in the range of $2.8 billion to $2.9 billion.Analysts polled by Capital IQ expect $2.86 billion.Price: 39.86, Change: +7.89, Percent Change: +24.68","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NXT":"Nextpower"},"translate_title":"Nextracker公布第二季度财报后股价上涨；2025财年盈利指引上调","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NXT":0.9},"content_text":"Nextracker (NXT) shares were up over 24% in recent Thursday trading after the company posted late Wednesday higher fiscal Q2 results and raised its fiscal 2025 earnings guidance.The company reported fiscal Q2 adjusted earnings of $0.97 per diluted share, up from $0.65 a year earlier.Analysts polled by Capital IQ expected $0.61 a share.Revenue for the quarter ended Sept. 27 was $635.6 million, up from $573.4 million a year earlier.Analysts surveyed by Capital IQ expected $613.5 million.The company said it now expects fiscal 2025 adjusted EPS to range between $3.10 and $3.30, compared with a prior view of $2.89 to $3.09.Analysts polled by Capital IQ expect $3.17 a share.The company said it continues to expect fiscal 2025 revenue in the range of $2.8 billion to $2.9 billion.Analysts polled by Capital IQ expect $2.86 billion.Price: 39.86, Change: +7.89, Percent Change: +24.68","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}